State New York Financial News

04.07 / 09:23

regulation Conference policies Haters to unite at the first conference for crypto skeptics

In the middle of crypto’s latest bear market, industry and asset class detractors have rallied together to share their skepticism and network with lawmakers at their own anti-crypto conference.

30.06 / 09:01

guidance Regulators in New York eye further crypto guidance

The head of the New York State Department of Financial Services said she wants the regulator to continue to be a leader in cryptocurrencies, remaining upbeat on virtual assets despite the industry’s turmoil.

27.06 / 19:33

NFT Conference NFT.NYC — How the Web3 space is validating the work of digital artists

Following the conclusion of the fourth annual NFT.NYC conference, attendees took the opportunity to reflect upon a week of artistic inspiration, community networking and developer innovation from within the nonfungible token (NFT) space.

24.06 / 17:11

Adoption Payments Apple Crypto.com App to Accept Apple Pay for Crypto Purchases in US

The crypto exchange and payments company Crypto.com (CRO) announced on Friday that it now accepts Apple Pay in its app for US users.

23.06 / 15:33

Blockchain Ethereum Bitcoin crypto craze University of Cincinnati turning crypto craze into educational curriculum

Cryptocurrencies are attracting a lot of attention from academic institutions as they become increasingly accepted as an alternative to conventional assets. The University of Cincinnati (UC) in Ohio, United States, has even established courses around cryptocurrency as part of its curriculum.

14.06 / 09:11

Mining regulation New York State Bitcoin NYC Mayor Eric Adams speaks out against PoW mining ban legislation

New York City’s Mayor Eric Adams spoke out on Monday, June 13, against a bill just one step away from effectively banning Bitcoin mining in the state for the next two years.

12.06 / 15:01

cryptocurrency cryptocurrency news Power Crypto miners NY Bill Aims To Limit Crypto Miners Using Fossil Fuel-Generated Power

NY bill aims to limit crypto miners using fossil fuel-generated power

10.06 / 12:05

cryptocurrency Provident Puzzle cryptocurrency news Bitcoin New York Bill Aims To Limit Fossil Fuel Energy Use For Crypto Mining

New York State Legislature has passed a bill limiting fossil fuel energy usage for crypto mining

10.06 / 05:51

Mining regulation New York State Bitcoin isolate Bitcoin miners say NY ban will be ineffective and 'isolate' the state

Two Bitcoin miners have told Cointelegraph that if the bill banning Proof-of-Work mining for two years in New York becomes law, it would end up triggering an exodus of mining companies from the state and do little to address the intended goals of the moratorium.

08.06 / 22:43

Stablecoin regulation New York State Backed guidance New York state releases guidance for issuing dollar-backed stablecoins

The New York State Department of Financial Services (DFS) on Wednesday released regulatory guidance for U.S. dollar-backed stablecoins issued by DFS-regulated entities. According to a DFS statement, it is the first regulator in the United States to impose such expectations on a stablecoin issuer.

08.06 / 04:41

Government Blockchain proof-of-work New York Governor yet to commit to signing Bitcoin mining ban into law

New York overnor Kathy Hochul is yet to publicly commit to signing the controversial Proof-of-Work (PoW) crypto mining ban bill, instead noting that her team will be looking “very closely” at the proposal over the next few months.

07.06 / 14:15

cryptocurrency CLIMATE CRISIS Bitcoin Power Cryptocurrency miners may no longer be able to use fossil fuel-generated power in New York

The New York State Legislature has passed a bill that would impose a two-year ban on the use of fossil-fuel power plants to provide energy to miners of cryptocurrencies like Bitcoin.

07.06 / 13:01

New York State Terraform Labs Law Decoded, May 30–June 6: Terra’s aftermath in China, Japan and South Korea

The “long waves” of TerraUSD’s May 7 collapse, which we noted two newsletters ago, are extending even further. Last week brought some notable reactions to the stablecoin’s depegging in the East Asia region.

06.06 / 22:35

markets Mining Bitfinex Bitcoin Bitfinex Bitcoin longs hit a record-high, but does that mean BTC has bottomed?

Bitcoin (BTC) has been unable to close above $32,000 for the past 28 days, frustrating bulls and pushing the Fear and Greed index to bearish levels below 10. Even with today’s small boost, the tech-heavy Nasdaq stock market index is down 24% year-to-date.

06.06 / 05:41

cryptos New York AG raises red flag on cryptos, industry highlights the need for regulations

crypto regulations across the globe, the Attorney General (AG) of New York has raised red flags against the risks of crypto trading and mining.New Yok AG Letitia James has warned the investors over these risks as the state pursues efforts to ban proof-of-work (PoW) crypto mining. James stated that the investors have lost billions of dollars and crypto assets are subject to extreme volatility and unpredictable price swing, making them among the most high-risk investments in the market.

04.06 / 09:21

cryptocurrency Extreme Terra Luna Bitcoin Luna New York AG warns against risks of crypto trading

The Attorney General of New York has issued an alert, warning people of the “dangerous risks” of investing in cryptocurrencies, as the crypto markets have corrected significantly from their all-time highs.

04.06 / 06:25

cryptocurrency Ether Bitcoin Cryptocurrency Prices Today June 4: Bitcoin and Ether in red, Cardano biggest loser

Major cryptocurrencies traded in the green early on June 4 as the global crypto market cap decreased 3.50 percent to $1.22 trillion over the last day. Total crypto market volume over the last 24 hours declined 12 percent to $61.66 billion.

03.06 / 15:03

Blockchain New York State Bitcoin New York AG warns against crypto investments amid state push to ban mining

As New York pursues efforts to ban proof-of-work (PoW) crypto mining, the attorney general reminded investors of the risks associated with investing in crypto.

03.06 / 13:29

Africa proof-of-work Bitcoin New York State To Ban Carbon-Powered Bitcoin, Altcoin Mining, While Kenya Fosters Green BTC

As regulators across the world work to adopt varying stances on crypto mining, the US state of New York and the East African country of Kenya offer two examples of how legislators can thwart or foster crypto innovation through their initiatives.

03.06 / 11:19

POW Bitcoin New York State Senate passes Bitcoin mining moratorium

The New York State Senate approved a controversial proof-of-work (PoW) mining ban bill that would prohibit any new Bitcoin (BTC) mining operations in the state.

26.05 / 12:35

Blockchain Adoption LEGO privacy WEF 2022: Metaverse should be developed from children’s perspective, says LEGO VP

Metaverse and Web3 dominated the discussions on the fifth day of the ongoing World Economic Forum (WEF).

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